Court Watch - POSTED: 2011/01/19 10:06
Authorities say two Mississippi lawyers, who are also brothers, have pleaded guilty to conspiracy to commit money laundering and bank fraud.
U.S. Attorney John M. Dowdy says in a news release that 57-year-old Charles H. Evans Jr. and 53-year-old Jon Christopher Evans pleaded guilty Tuesday. Both are from Jackson.
Prosecutors say the brothers secured mortgages from banks by providing false. They contracted to purchase tracts of land, then falsely subdivided tracts on paper and created phony records and shell companies to secure mortgages on the individual plots from multiple banks.